Zip 44285 (Wayland, OH) Economy


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United States / Ohio / Akron Metro Area / Portage County / No City / Wayland (zip 44285)
Wayland, OH located in Lorain County has much to offer. With a population of 4,285 people, Wayland is a great place to call home. The average 2 bedroom rent in Wayland is $990 which is significantly lower than the US average of $1,430 making it an affordable and attractive option for renters. Grocery costs in Wayland are also slightly lower than the national index at 98 as compared to 100 in the US. Not only does Wayland provide a great cost of living but it also offers plenty of local businesses such as Seiberling Tire & Supply Co., Advanced Motion Rehabilitation Therapy Center Inc., and DDV Plumbing & Heating LLC. Residents can take advantage of these businesses while enjoying the lower costs associated with living in this charming town.

Wayland (zip 44285) has an unemployment rate of 4.8%. The US average is 6.0%.

Wayland (zip 44285) has seen the job market increase by 0.8% over the last year. Future job growth over the next ten years is predicted to be 26.4%, which is lower than the US average of 33.5%.

Tax Rates for Wayland (zip 44285)
- The Sales Tax Rate for Wayland (zip 44285) is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Wayland (zip 44285) is 3.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Wayland (zip 44285)
- The average income of a Wayland (zip 44285) resident is $15,141 a year. The US average is $28,555 a year.
- The Median household income of a Wayland (zip 44285) resident is $57,083 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWayland, OhioUnited States
  4.86
  -5.3%-6.2%
  26.4%33.5%
  7.3%6.2%
  3.5%4.6%
  $23,047$37,638
  $57,083$69,021
  $60,893$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  0.0%6.8%
  43.3%10.0%
  0.0%2.5%
  0.0%11.0%
  30.0%4.8%
  0.0%0.8%
  0.0%1.9%
  5.0%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  0.0%4.2%
  5.0%9.3%
  6.7%14.0%
  0.0%2.1%
  10.0%7.0%
  0.0%4.8%
  0.0%4.7%
Health